Quotation of the Day…

(Don Boudreaux)

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… is from page 29 of F.A. Hayek’s great 1973 essay “Liberalism,” as this essay appears as chapter one of Essays on Liberalism and the Economy (2022), which is volume 18 (expertly edited by Paul Lewis), of The Collected Works of F.A. Hayek:

And the kind of comprehensive single organisation of the whole society, which would be necessary in order to secure that each gets what some authority thinks he deserves, must produce a society in which each must also do what the same authority prescribes.

DBx: Hayek died on this date, March 23rd, in 1992.